1900 Wealth Management LLC Reduces Position in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG)

1900 Wealth Management LLC trimmed its position in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 15.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,281 shares of the company’s stock after selling 3,632 shares during the period. 1900 Wealth Management LLC’s holdings in T. Rowe Price QM U.S. Bond ETF were worth $807,000 as of its most recent SEC filing.

Separately, Farther Finance Advisors LLC grew its stake in shares of T. Rowe Price QM U.S. Bond ETF by 23.7% during the third quarter. Farther Finance Advisors LLC now owns 2,090 shares of the company’s stock valued at $91,000 after buying an additional 400 shares during the last quarter. 1.86% of the stock is owned by hedge funds and other institutional investors.

T. Rowe Price QM U.S. Bond ETF Stock Performance

Shares of NYSEARCA TAGG opened at $42.29 on Friday. T. Rowe Price QM U.S. Bond ETF has a fifty-two week low of $40.95 and a fifty-two week high of $44.33. The company has a market cap of $90.92 million, a price-to-earnings ratio of 1.87 and a beta of 0.14. The business’s 50 day moving average price is $42.09 and its 200-day moving average price is $42.75.

T. Rowe Price QM U.S. Bond ETF Company Profile

The T. Rowe Price QM U.S. Bond ETF (TAGG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The ETF currently has 37.94m in AUM and 445 holdings. TAGG is an actively-managed fund that holds a wide array of USD-denominated investment-grade bonds with broad maturities.